Wazua
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Kenya Airways...why ignore..
Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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actuarywahisa wrote:1. On what basis would bank agree to a conversion price above 6 bob bearing in mind the negative equity position?
2. Assuming that the conversion price is even 6 bob.. for the local banks alone that would mean around 4 billion new shares created.
3. Hata wacha hiyo analysis ikae.....
.....I rest my case. #Yaliyondwele_Sipite @actuarywahisa.. Which negative equity? Hio ni old news. KQ is now well capitalized.. In addition, the conversion price per share must have been agreed between GoK and KQ prior to the session paper approval while the stock traded about KES 7. Also recall that the same stock was bought by IFC, KLM & GoK just 4 years ago at KES 14 per share. In short, for now we must wait for the price circular on 20.07.2017, everything else is speculation
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Rank: Elder Joined: 2/22/2009 Posts: 2,449 Location: Africa
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maka wrote:https://www.cnyakundi.com/2017/07/09/corporate-thieves-how-ruiru-sports-club-golf-captain-githinji-itegi-looted-kenya-airways/ Reading that felt like a muchene session. I couldn't even finish it
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Shak wrote:maka wrote:https://www.cnyakundi.com/2017/07/09/corporate-thieves-how-ruiru-sports-club-golf-captain-githinji-itegi-looted-kenya-airways/ Reading that felt like a muchene session. I couldn't even finish it Despite the irrelevant personal issues...the story is true... possunt quia posse videntur
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Rank: Member Joined: 5/29/2016 Posts: 898 Location: Nairobi
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maka wrote:Shak wrote:maka wrote:https://www.cnyakundi.com/2017/07/09/corporate-thieves-how-ruiru-sports-club-golf-captain-githinji-itegi-looted-kenya-airways/ Reading that felt like a muchene session. I couldn't even finish it Despite the irrelevant personal issues...the story is true... All the findings are in the forensic report. What Nyakundi has written in the article is factual and even the personal issues brings out the lifestyle audit. It reinforces the findings already with KQ. The second investigation by CID/EACC should be a lifestyle audit to corrobate the forensic audit and then arraign him in Court but this is Kenya. Mbuvi and Mbugua were also involved especially in signing off documents for KQ to transact with Dubai bank. Ngunze has a brother in Commercial Bank of Africa. The reason why he signed off for KQ to deal with Dubai Bank without even reaching out to his brother tells you alot. Why a low ranking Bank was selected to do business with KQ remains a misery. The signatories only knows the answer. When the forensic report was finally tabled before the Audit committee at the board level, it was very clear Ngunze was either involved or there was professiobal negligence on his part. MJ then turned around and asked him to exit the stage.
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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ArrestedDev wrote:maka wrote:Shak wrote:maka wrote:https://www.cnyakundi.com/2017/07/09/corporate-thieves-how-ruiru-sports-club-golf-captain-githinji-itegi-looted-kenya-airways/ Reading that felt like a muchene session. I couldn't even finish it Despite the irrelevant personal issues...the story is true... All the findings are in the forensic report. What Nyakundi has written in the article is factual and even the personal issues brings out the lifestyle audit. It reinforces the findings already with KQ. The second investigation by CID/EACC should be a lifestyle audit to corrobate the forensic audit and then arraign him in Court but this is Kenya. Mbuvi and Mbugua were also involved especially in signing off documents for KQ to transact with Dubai bank. Ngunze has a brother in Commercial Bank of Africa. The reason why he signed off for KQ to deal with Dubai Bank without even reaching out to his brother tells you alot. Why a low ranking Bank was selected to do business with KQ remains a misery. The signatories only knows the answer. When the forensic report was finally tabled before the Audit committee at the board level, it was very clear Ngunze was either involved or there was professiobal negligence on his part. MJ then turned around and asked him to exit the stage. Yaliyo ndwele sipite. New CEO, new Chairman, new Equity. The Pride of Africa
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Member Joined: 4/14/2010 Posts: 806 Location: Nairobi
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obiero wrote:ArrestedDev wrote:maka wrote:Shak wrote:maka wrote:https://www.cnyakundi.com/2017/07/09/corporate-thieves-how-ruiru-sports-club-golf-captain-githinji-itegi-looted-kenya-airways/ Reading that felt like a muchene session. I couldn't even finish it Despite the irrelevant personal issues...the story is true... All the findings are in the forensic report. What Nyakundi has written in the article is factual and even the personal issues brings out the lifestyle audit. It reinforces the findings already with KQ. The second investigation by CID/EACC should be a lifestyle audit to corrobate the forensic audit and then arraign him in Court but this is Kenya. Mbuvi and Mbugua were also involved especially in signing off documents for KQ to transact with Dubai bank. Ngunze has a brother in Commercial Bank of Africa. The reason why he signed off for KQ to deal with Dubai Bank without even reaching out to his brother tells you alot. Why a low ranking Bank was selected to do business with KQ remains a misery. The signatories only knows the answer. When the forensic report was finally tabled before the Audit committee at the board level, it was very clear Ngunze was either involved or there was professiobal negligence on his part. MJ then turned around and asked him to exit the stage. Yaliyo ndwele sipite. New CEO, new Chairman, new Equity. The Pride of Africa @obiero - True. But they must fix the internal control loopholes/weaknesses...or else someone will repeat the looting again...a repeated history can be very harsh. For the optimists...what's KQ's estimated turnaround time(years) to profitability?
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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winston wrote:obiero wrote:ArrestedDev wrote:maka wrote:Shak wrote:maka wrote:https://www.cnyakundi.com/2017/07/09/corporate-thieves-how-ruiru-sports-club-golf-captain-githinji-itegi-looted-kenya-airways/ Reading that felt like a muchene session. I couldn't even finish it Despite the irrelevant personal issues...the story is true... All the findings are in the forensic report. What Nyakundi has written in the article is factual and even the personal issues brings out the lifestyle audit. It reinforces the findings already with KQ. The second investigation by CID/EACC should be a lifestyle audit to corrobate the forensic audit and then arraign him in Court but this is Kenya. Mbuvi and Mbugua were also involved especially in signing off documents for KQ to transact with Dubai bank. Ngunze has a brother in Commercial Bank of Africa. The reason why he signed off for KQ to deal with Dubai Bank without even reaching out to his brother tells you alot. Why a low ranking Bank was selected to do business with KQ remains a misery. The signatories only knows the answer. When the forensic report was finally tabled before the Audit committee at the board level, it was very clear Ngunze was either involved or there was professiobal negligence on his part. MJ then turned around and asked him to exit the stage. Yaliyo ndwele sipite. New CEO, new Chairman, new Equity. The Pride of Africa @obiero - True. But they must fix the internal control loopholes/weaknesses...or else someone will repeat the looting again...a repeated history can be very harsh. For the optimists...what's KQ's estimated turnaround time(years) to profitability? The loopholes have been properly sorted and everyone involved was sent home... possunt quia posse videntur
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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maka wrote:winston wrote:obiero wrote:ArrestedDev wrote:maka wrote:Shak wrote:maka wrote:https://www.cnyakundi.com/2017/07/09/corporate-thieves-how-ruiru-sports-club-golf-captain-githinji-itegi-looted-kenya-airways/ Reading that felt like a muchene session. I couldn't even finish it Despite the irrelevant personal issues...the story is true... All the findings are in the forensic report. What Nyakundi has written in the article is factual and even the personal issues brings out the lifestyle audit. It reinforces the findings already with KQ. The second investigation by CID/EACC should be a lifestyle audit to corrobate the forensic audit and then arraign him in Court but this is Kenya. Mbuvi and Mbugua were also involved especially in signing off documents for KQ to transact with Dubai bank. Ngunze has a brother in Commercial Bank of Africa. The reason why he signed off for KQ to deal with Dubai Bank without even reaching out to his brother tells you alot. Why a low ranking Bank was selected to do business with KQ remains a misery. The signatories only knows the answer. When the forensic report was finally tabled before the Audit committee at the board level, it was very clear Ngunze was either involved or there was professiobal negligence on his part. MJ then turned around and asked him to exit the stage. Yaliyo ndwele sipite. New CEO, new Chairman, new Equity. The Pride of Africa @obiero - True. But they must fix the internal control loopholes/weaknesses...or else someone will repeat the looting again...a repeated history can be very harsh. For the optimists...what's KQ's estimated turnaround time(years) to profitability? The loopholes have been properly sorted and everyone involved was sent home... @winston months, not years.. KQ bottom line shall be black this H1
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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obiero wrote:maka wrote:winston wrote:obiero wrote:ArrestedDev wrote:maka wrote:Shak wrote:maka wrote:https://www.cnyakundi.com/2017/07/09/corporate-thieves-how-ruiru-sports-club-golf-captain-githinji-itegi-looted-kenya-airways/ Reading that felt like a muchene session. I couldn't even finish it Despite the irrelevant personal issues...the story is true... All the findings are in the forensic report. What Nyakundi has written in the article is factual and even the personal issues brings out the lifestyle audit. It reinforces the findings already with KQ. The second investigation by CID/EACC should be a lifestyle audit to corrobate the forensic audit and then arraign him in Court but this is Kenya. Mbuvi and Mbugua were also involved especially in signing off documents for KQ to transact with Dubai bank. Ngunze has a brother in Commercial Bank of Africa. The reason why he signed off for KQ to deal with Dubai Bank without even reaching out to his brother tells you alot. Why a low ranking Bank was selected to do business with KQ remains a misery. The signatories only knows the answer. When the forensic report was finally tabled before the Audit committee at the board level, it was very clear Ngunze was either involved or there was professiobal negligence on his part. MJ then turned around and asked him to exit the stage. Yaliyo ndwele sipite. New CEO, new Chairman, new Equity. The Pride of Africa @obiero - True. But they must fix the internal control loopholes/weaknesses...or else someone will repeat the looting again...a repeated history can be very harsh. For the optimists...what's KQ's estimated turnaround time(years) to profitability? The loopholes have been properly sorted and everyone involved was sent home... @winston months, not years.. KQ bottom line shall be black this H1 https://www.standardmedi...mmercial-bank-for-sh100
In similar way, can KQ as a whole airline be bought kes 100? John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Member Joined: 4/14/2010 Posts: 806 Location: Nairobi
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obiero wrote:maka wrote:winston wrote:obiero wrote:ArrestedDev wrote:maka wrote:Shak wrote:maka wrote:https://www.cnyakundi.com/2017/07/09/corporate-thieves-how-ruiru-sports-club-golf-captain-githinji-itegi-looted-kenya-airways/ Reading that felt like a muchene session. I couldn't even finish it Despite the irrelevant personal issues...the story is true... All the findings are in the forensic report. What Nyakundi has written in the article is factual and even the personal issues brings out the lifestyle audit. It reinforces the findings already with KQ. The second investigation by CID/EACC should be a lifestyle audit to corrobate the forensic audit and then arraign him in Court but this is Kenya. Mbuvi and Mbugua were also involved especially in signing off documents for KQ to transact with Dubai bank. Ngunze has a brother in Commercial Bank of Africa. The reason why he signed off for KQ to deal with Dubai Bank without even reaching out to his brother tells you alot. Why a low ranking Bank was selected to do business with KQ remains a misery. The signatories only knows the answer. When the forensic report was finally tabled before the Audit committee at the board level, it was very clear Ngunze was either involved or there was professiobal negligence on his part. MJ then turned around and asked him to exit the stage. Yaliyo ndwele sipite. New CEO, new Chairman, new Equity. The Pride of Africa @obiero - True. But they must fix the internal control loopholes/weaknesses...or else someone will repeat the looting again...a repeated history can be very harsh. For the optimists...what's KQ's estimated turnaround time(years) to profitability? The loopholes have been properly sorted and everyone involved was sent home... @winston months, not years.. KQ bottom line shall be black this H1 Asante @maka and @obiero
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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News Emirates terminates TAAG Angola management contract Emirates (EK, Dubai Int'l) has terminated, effective immediately, a ten-year Management Concession Agreement with TAAG Angola Airlines (DT, Luanda). The agreement was signed in September 2014 and saw Emirates appointing several senior managers to the Angolan carrier's board in an effort to help it reach sustainable profitability through a leaner workforce and a more commercially-viable network. Emirates acquired no equity in TAAG despite the agreement. However, in a statement issued to the LUSA news agency on Monday, July 10, the Dubai-based carrier said it had decided to terminate its contract with TAAG following what it said were "the prolonged difficulties it has faced in the repatriation of revenues" from the sales of tickets in Angola. As an oil-dependent economy, Angola, like Nigeria, Sudan, and Venezuela, has suffered from chronic shortages of foreign currency given decreased revenue inflows from petroleum exports. "This issue has remained unsolved, despite numerous requests to the competent authorities and guarantees that measures would be taken," Emirates said. "With immediate effect, Emirates is ending its cooperation with TAAG - Angola Airlines - under a management concession contract in place since September 2014. We expect the issue of the repatriation of funds to be resolved as soon as possible so that business operations can be resumed according to demand," it ended. As part of its winding down of its Angolan operations, Emirates has also scaled back its 5x weekly Dubai Int'l-Luanda service, to 3x weekly effective July 10. possunt quia posse videntur
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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Spikes wrote:obiero wrote:maka wrote:winston wrote:obiero wrote:ArrestedDev wrote:maka wrote:Shak wrote:maka wrote:https://www.cnyakundi.com/2017/07/09/corporate-thieves-how-ruiru-sports-club-golf-captain-githinji-itegi-looted-kenya-airways/ Reading that felt like a muchene session. I couldn't even finish it Despite the irrelevant personal issues...the story is true... All the findings are in the forensic report. What Nyakundi has written in the article is factual and even the personal issues brings out the lifestyle audit. It reinforces the findings already with KQ. The second investigation by CID/EACC should be a lifestyle audit to corrobate the forensic audit and then arraign him in Court but this is Kenya. Mbuvi and Mbugua were also involved especially in signing off documents for KQ to transact with Dubai bank. Ngunze has a brother in Commercial Bank of Africa. The reason why he signed off for KQ to deal with Dubai Bank without even reaching out to his brother tells you alot. Why a low ranking Bank was selected to do business with KQ remains a misery. The signatories only knows the answer. When the forensic report was finally tabled before the Audit committee at the board level, it was very clear Ngunze was either involved or there was professiobal negligence on his part. MJ then turned around and asked him to exit the stage. Yaliyo ndwele sipite. New CEO, new Chairman, new Equity. The Pride of Africa @obiero - True. But they must fix the internal control loopholes/weaknesses...or else someone will repeat the looting again...a repeated history can be very harsh. For the optimists...what's KQ's estimated turnaround time(years) to profitability? The loopholes have been properly sorted and everyone involved was sent home... @winston months, not years.. KQ bottom line shall be black this H1 https://www.standardmedi...mmercial-bank-for-sh100
In similar way, can KQ as a whole airline be bought kes 100? Of course. In your dreams @spikes
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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@Wazua please help me understand who's buying this stock noting the prevailing cautionary announcement
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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obiero wrote:@Wazua please help me understand who's buying this stock noting the prevailing cautionary announcement Experienced speculators  John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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Spikes wrote:obiero wrote:@Wazua please help me understand who's buying this stock noting the prevailing cautionary announcement Experienced speculators @spikes how do they get to know that they are buying at a premium or discount
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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obiero wrote:Spikes wrote:obiero wrote:@Wazua please help me understand who's buying this stock noting the prevailing cautionary announcement Experienced speculators @spikes how do they get to know that they are buying at a premium or discount Speculators depend on TA ...they don't care about FA.. Aiming at making a lucrative trade is the concern of speculators. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 6/23/2009 Posts: 13,475 Location: nairobi
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Spikes wrote:obiero wrote:Spikes wrote:obiero wrote:@Wazua please help me understand who's buying this stock noting the prevailing cautionary announcement Experienced speculators @spikes how do they get to know that they are buying at a premium or discount Speculators depend on TA ...they don't care about FA.. Aiming at making a lucrative trade is the concern of speculators. @spikes can TA really forecast through a cautionary statement.. that is a weak answer, but luckily I did not expect a well defined response from you. thanks anyways
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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obiero wrote:Spikes wrote:obiero wrote:Spikes wrote:obiero wrote:@Wazua please help me understand who's buying this stock noting the prevailing cautionary announcement Experienced speculators @spikes how do they get to know that they are buying at a premium or discount Speculators depend on TA ...they don't care about FA.. Aiming at making a lucrative trade is the concern of speculators. @spikes can TA really forecast through a cautionary statement.. that is a weak answer, but luckily I did not expect a well defined response from you. thanks anyways Every event whether positive or negative in the stock market is an opportunity to trade and make money. Hawkish speculators took advantage of cautionary statement to position themselves .In that case my response above is well researched and uncensored ! But while you contemptuously delve into my explanation as 'weak' you should substantiate your 'intricate' claim. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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obiero wrote:@Wazua please help me understand who's buying this stock noting the prevailing cautionary announcement Fools, hoping to sell to greater fools. Life is short. Live passionately.
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